New Bank Policy Institute will represent JPMorgan, Bank of America and 46 others

Big banks are revamping their lobbying approach as Trump-appointed regulators set out to ease rules put in place after the financial crisis.

On Monday, two trade groups representing some of the largest banks, including JPMorgan Chase & Co., Bank of America Corp. and Citigroup Inc., joined forces to seek regulatory relief for an industry that remains tainted by the 2008 crash and more recent sales-practice scandals at Wells Fargo & Co.